# NovoPolymers NV

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/novopolymers

- Industry: Electronics
- Headquarters: Belgium
- Website: www.novopolymers.com
- Total disclosed funding: $2.2M
- Latest round: Series B (Feb 3, 2011)
- Investors on record: 2

## About

NovoPolymers NV is a Belgium-based company focused on developing advanced polymer solutions for diverse industrial applications, particularly in the automotive, aerospace, and healthcare sectors.NovoPolymers NV specializes in the development and manufacturing of high-performance polymer solutions. The company is located in Belgium and has undergone a series of funding rounds, the latest being a GROWTH round where it raised EUR 5.40 mn, with investors including Capricorn Partners, Gimv, and SFPI-FPIM. The company has raised a total of EUR 5.40 mn across multiple funding rounds. Founded by individuals who have experience in the polymer industry, NovoPolymers has established itself firmly in the market.NovoPolymers specializes in the development and manufacturing of advanced polymer solutions tailored for various industrial applications. The company’s core product offerings include high-performance polymers designed for use in sectors such as automotive, aerospace, and healthcare. These polymers exhibit exceptional durability and resistance to environmental factors, addressing critical needs for product longevity and reliability in demanding settings. The end users of these products range from large-scale manufacturers to specialized companies looking for innovative materials that enhance their product performance. NovoPolymers has strategically targeted markets in North America, Europe, and Asia, ensuring that its solutions are accessible to a global client base that values technology and sustainability.NovoPolymers generates revenue through a structured model that includes direct sales to manufacturers and partnerships with distributors across various regions. The company’s transactions typically follow a B2B framework, where clients place bulk orders for polymer products, allowing for customized solutions that meet specific industrial requirements. Additionally, NovoPolymers may engage in long-term contracts with key clients, ensuring a steady revenue stream through recurring orders. The pricing structure for these products reflects the superior quality and performance characteristics of the polymers. In the most recent year, NovoPolymers reported an EBITDA of EUR -1,443,439.60.NovoPolymers plans to expand its offerings by developing and launching new polymer products designed for emerging industrial applications. The company aims to enter new geographic markets, focusing on specific regions in Asia and North America by 2025. The recent GROWTH funding round of EUR 5.40 mn will be utilized to support these initiatives, particularly in product development and market entry strategies. It is noted that Gimv and Capital-E Partners have sold their investments in NovoPolymers NV, indicating a strategic shift in the company’s ownership structure.

## Funding rounds

- Series B, Feb 3, 2011, $2.2M — Capricorn Partners, Gimv

## Investors

- Capricorn Partners (https://capitalatlas.ai/funds/capricorn-partners) — Series B
- Gimv (https://capitalatlas.ai/funds/gimv) — Series B